The EEC Minister Tatyana Valovaya identified priority areas of cooperation between the EAEU and Chile for the near future

The EEC Minister Tatyana Valovaya identified priority areas of cooperation between the EAEU and Chile for the near future

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7/27/2017

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Customs cooperation, the digital agenda and prospects for cooperation in
the agricultural sector will be the priority areas of collaboration between the
countries of the Eurasian Economic Union (EAEU) and Chile for 2018. It was
agreed at the meeting held in Moscow on July 26 by the Member of the Board - Minister
in charge of Integration and Macroeconomics of the Eurasian Economic Commission
(EEC), Tatyana Valovaya, and the Vice Trade Minister and Foreign Ministry
General Director of International Economic Affairs of the Republic of Chile,
Paulina Nazal.

Expert consultations on customs matters, in view of the entry into force
of the new EAEU Customs Code, were scheduled. In addition, in the framework of
the annual session of the Joint Commission for cooperation between the EEC and
the Government of Chile, it is planned to exchange views on the digital agenda
of the EAEU and Chile, hold industry-specific consultations on prospective
areas of cooperation in the agriculture, in particular in fisheries.

“Chile can be considered a pioneer among Latin American countries in
developing cooperation with the EAEU. In recent years, after formalizing
contacts through signing the Memorandum, cooperation with this country is
picking up the pace, and the Republic of Chile has become a key partner in the
region for the EEC,” the Minister said. “We have prepared an action plan for
2017-2018, exchanged the listsof goods of export interest for Chile in the EAEU and for the Union in
Chile. This will ramp up efforts to increase trade turnover between the EAEU
and Chile.”

Traditionally, Chile has been actively working on the development of
partnerships with the EAEU countries. Last year, a delegation of official and
business circles, after the 2nd session of the Joint Commission, visited the
Republic of Belarus and the Republic of Armenia. This year, a trip to the
Kyrgyz Republic is planned to hold meetings with Government and business
circles and to seek opportunities for increasing cooperation, in particular in
the aquaculture sector. It will be the first visit of a Chilean delegation to
the country. Cooperation between Chile and the EEC allowed the Republic to
discover new partners in the Eurasian region.

Paulina Nazal mentioned interest of the Pacific Alliance, an integration
associations of Mexico, Chile, Colombia and Peru, in developing contacts with
the EEC at the multilateral level. She noted that such collaboration extended
the horizons of cooperation.

For reference

Cooperation
between the EEC and the Government of the Republic of Chile shall be carried
out in the framework of the Memorandum of Understanding. The document was
signed on June 19, 2015.

Under the
Memorandum, the annual sessions of the Joint Commission are held. On October 2,
2015, Santiago hosted the 1st such session.

On September 26, 2016, Moscow hosted the 2nd session
of the Joint Commission, within which a seminar for representatives of the EAEU
countries for the exchange of experience in negotiating free trade area (FTA)
agreements was held.

On March 20-21, 2017, Santiago hosted the 3rd session of the Joint Commission,
following which, according to preliminary arrangements, an action plan was
approved, and lists of goods of export interest were exchanged. In the
framework of the session, the seminar on technical regulations, application of
sanitary, phytosanitary and quarantine phytosanitary measures in the EAEU was
held; issues of antitrust regulation and public procurement system were also
discussed.